Eurozone PMI services finalized at 47.8, stagflation concerns mount

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<p>Eurozone PMI Services slumped to 47.8 (final reading) from September’s 48.7. PMI Composite index, which tracks both manufacturing and services, descended to a 35-month low of 46.5 from 47.2. The rate at which new business is falling has reached levels not seen since 2012, with the exception of the pandemic period. This downturn is evident […]</p>
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